Banco Santander (LON:BNC) Stock Price Crosses Above 50 Day Moving Average of $364.60
Banco Santander's shares (LON:BNC) rose above their 50-day moving average of GBX 364.60 during Wednesday trading, reaching a high of GBX 385 before settling at GBX 374.50, an increase of 1.3%. The stock has a market cap of £58.78 billion and a P/E ratio of 624.17. Despite this positive movement, analysts currently hold a "hold" rating on Banco Santander, suggesting better investment opportunities elsewhere. The company provides a range of financial services, including retail and corporate banking.
Banco Santander, S.A. (LON:BNC - Get Free Report)'s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 364.60 ($4.81) and traded as high as GBX 385 ($5.08). Banco Santander shares last traded at GBX 374.50 ($4.94), with a volume of 236,693 shares trading hands.
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Banco Santander Stock Up 1.3 %
The business's 50 day simple moving average is GBX 364.60 and its two-hundred day simple moving average is GBX 371.07. The stock has a market cap of £58.78 billion, a P/E ratio of 624.17, a PEG ratio of 2.15 and a beta of 1.35.
Banco Santander Company Profile
(Get Free Report)Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.
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